Announced Tue, 23 Jun · 15:48 IST
Sonal Adhesives: 4.75 lakh promoter shares transmitted after demise of member
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+24.1%1-day move
₹38.75
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+24.1+21.3+21.7+21.4+26.2+25.4+21.5+24.9——
Up moveDown movePending
AI summary
Sonal Adhesives informed BSE about transmission of 4,75,400 equity shares (11.54% of capital) from deceased promoter Ms. Kamal Arora to three promoter group members: Mr. Sandeep M. Arora (3,30,031 shares), Ms. Megha M. Arora (63,269 shares), and Ms. Mona M. Arora (82,100 shares). Aggregate promoter group holding remains unchanged at 11.54%. Transaction qualifies for exemption under Regulation 10(1)(g) of SEBI SAST Regulations, so no open offer is triggered.
Likely market impact
No change in total promoter stake; purely internal transmission within promoter family. Neutral for shareholders and share price.